- Euronet press release (NASDAQ:EEFT): Q2 Non-GAAP EPS of $2.25 misses by $0.04.
- Revenue of $986.2M (+5.0% Y/Y) misses by $23.8M.
- Adjusted EBITDA of $178.2 million, a 7% increase from $165.8 million (10% increase on a constant currency basis).
- Euronet’s cash and cash equivalents were $1,271.8 million and ATM cash was $795.6 million, totaling $2,067.4 million as of June 30, 2024, and availability under its revolving credit facilities was approximately $802.0 million.
- “Producing double-digit adjusted EPS growth in the first two quarters of 2024 reinforces our confidence in delivering full year adjusted EPS growth within our expected 10-15% range (vs. the consensus growth of $16.5%) and increases our determination to deliver results beyond the range,” said Michael J. Brown, Euronet’s Chairman and CEO.
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